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Does the UK Minimum Wage Reduce Employment? A Meta‐Regression Analysis
Author(s) -
Linde Leonard Megan,
Stanley T. D.,
Doucouliagos Hristos
Publication year - 2014
Publication title -
british journal of industrial relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.665
H-Index - 70
eISSN - 1467-8543
pISSN - 0007-1080
DOI - 10.1111/bjir.12031
Subject(s) - meta analysis , economics , regression analysis , wage , meta regression , differential (mechanical device) , demographic economics , minimum wage , regression , differential effects , multivariate statistics , labour economics , econometrics , statistics , medicine , mathematics , engineering , aerospace engineering
The employment effect from raising the minimum wage has long been studied but remains in dispute. Our meta‐analysis of 236 estimated minimum wage elasticities and 710 partial correlation coefficients from 16 UK studies finds no overall practically significant adverse employment effect. Unlike US studies, there seems to be little, if any, overall reporting bias. Multivariate meta‐regression analysis identifies several research dimensions that are associated with differential employment effects. In particular, the residential home care industry may exhibit a genuinely adverse employment effect.